Forex Trading Library

USD/JPY – 09.10.2024

0 12

USD/JPY printed a low of 147.33 yesterday, but the market is still holding above the support zone of 147.00-20.

As long as the market remains above 147.00, we expect another advance toward the 149.40-50 zone.

A break below 147.00 could lead to further drops toward 145.90. Currently, the market has rebounded toward the 148.74 zone.

 

SUPPORT RESISTANCE
LEVEL1 148.00 149.40-50
LEVEL2 147.00-20 150.90
LEVEL3 145.90 152.00

Join our responsible trading community - Open your Orbex account now! 

Leave A Reply

Your email address will not be published.